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Four sources said China's major state-owned banks were buying dollars around 6.4 yuan per dollar to slow the yuan's rapid rise. The onshore yuan had hit its strongest level since June 2018 earlier that day.
Broad dollar weakness after soft US data and steady Federal Reserve signals had supported the currency.
State bank dollar buying is a direct intervention that may slow yuan appreciation and limit the boost to Chinese dollar-priced commodity imports. It signals official resistance to a stronger yuan.
reuters.com2021年5月25日在过去 42 次中性的政策事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.0%（50% 上涨；中间一半区间为 -0.3% 至 +0.4%），20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
